On March 2, 2023, Prince George’s County, Maryland adopted a three percent cap on rent increases. The legislation is set to expire in one year and provides exemptions for affordable housing units that receive government funding and those that received their initial use and occupancy permits within the past five years.
Before the cap went into effect on April 17, 2023, the County Council passed an additional ordinance which declares the termination of a lease in order to avoid the rent caps as “landlord retaliation.” The new law also prevents rent increases of over three percent for existing leases prior to the April 17 implementation date of the original policy.